About Rossum
Rossum is a company based in London (United Kingdom) founded in 2017 by Tomas Tunys, Tomas Gogar, and Petr Baudis.. Rossum has raised $104.5 million across 3 funding rounds from investors including Seedcamp, StartupYard and General Catalyst. Rossum offers products and services including Rossum Platform and AI Agents. Rossum operates in a competitive market with competitors including UiPath, Box, Acquia, Conga and Automattic, among others.
- Headquarter London, United Kingdom
- Founders Tomas Tunys, Tomas Gogar, Petr Baudis
- Stage Minicorn
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Sectors
Technology
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Phone
*********
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Website
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Social
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- Legal Name Rossum Ltd
- Date of Incorporation 16 Jan, 2017
- Jurisdiction LONDON, ENGLAND
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Annual Revenue
$4.22 M (USD)235as on Dec 31, 2021
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Net Profit
$-7 M (USD)-286as on Dec 31, 2021
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EBITDA
$-7 M (USD)-286as on Dec 31, 2021
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Total Equity Funding
$104.5 M (USD)
in 3 rounds
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Latest Funding Round
$100 M (USD), Series A
Oct 19, 2021
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Investors
Seedcamp
& 9 more
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Employee Count
Employee Count
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Products & Services of Rossum
Rossum offers a comprehensive portfolio of products and services, including Rossum Platform and AI Agents. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI platform for extracting and processing transactional documents efficiently
Agents that handle complex paperwork tasks and integrations
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Funding Insights of Rossum
Rossum has successfully raised a total of $104.5M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $100 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $100.0M
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First Round
First Round
(23 Feb 2017)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series A - Rossum | Valuation | General Catalyst | |
| Nov, 2019 | Amount | Seed - Rossum | Valuation | LocalGlobe | |
| Feb, 2017 | Amount | Seed - Rossum | Valuation | StartupYard , Miton |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Rossum
Rossum has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Seedcamp, StartupYard and General Catalyst. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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Venture capital firm focused on seed-stage investments
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Founded Year | Domain | Location | |
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Venture capital fund investing in tech startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Rossum
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Rossum
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rossum Comparisons
Competitors of Rossum
Rossum operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UiPath, Box, Acquia, Conga and Automattic, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based robotic process automation software is developed and provided.
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| domain | founded_year | HQ Location |
AI-based platform for secure collaboration and content management is utilized.
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| domain | founded_year | HQ Location |
AI powered digital experience and customer data management platform
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| domain | founded_year | HQ Location |
Contract lifecycle management is facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
Automattic is engaged in developing web and messaging solutions.
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| domain | founded_year | HQ Location |
Documents are managed and automated for enterprise knowledge work.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Rossum
Frequently Asked Questions about Rossum
When was Rossum founded?
Rossum was founded in 2017.
Where is Rossum located?
Rossum is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Rossum?
Tomas Gogar is the current CEO of Rossum. They have also founded this company.
Is Rossum a funded company?
Rossum is a funded company, having raised a total of $104.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Feb 23, 2017.
What is the annual revenue of Rossum?
Annual revenue of Rossum is $4.22M as on Dec 31, 2021.
What does Rossum do?
Rossum was founded in 2017 and is headquartered in London, United Kingdom. The company operates in the AI sector, focusing on document processing solutions. Software is provided to digitize various documents and facilitate automated collaboration. Neural network technology is employed for text analysis, enabling the handling of invoices, purchase orders, packing lists, and transactional files. Additional tools support document receiving, machine learning-based information extraction, and overall processing workflows.
What products or services does Rossum offer?
Rossum offers Rossum Platform and AI Agents.
Who are Rossum's investors?
Rossum has 10 investors. Key investors include Seedcamp, StartupYard, General Catalyst, LocalGlobe, and Elad Gil.
What is Rossum's valuation?
The valuation of Rossum is $500M as of Oct 2021.
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